Deep Industries Limited (DEEPINDS) AI Stock Analysis

Deep Industries Limited

(NSE:DEEPINDS)

Select Model

Rating:76Outperform

Price Target:INR 815.00▲(21.89% Upside)

Action:reiterated

Date:08/04/26

Deep Industries earns a score of 76, reflecting a favorable investment case. The company's strong financial fundamentals—including rapid revenue growth, a rock-solid balance sheet, and robust cash flows—are the primary drivers. The stock's technical picture is bullish, though overbought conditions hint at potential near-term consolidation. Valuation is fair but not cheap, which tempers enthusiasm. No new earnings call or corporate events alter the assessment.

Positive Factors

Strong Revenue GrowthStrong and accelerating revenue growth indicates expanding demand for the company’s oilfield service offerings and supports greater operating scale. If sustained, this momentum can improve utilization of deployed equipment, reinforce customer relationships, and provide a durable base for earnings growth over the next several quarters.

Negative Factors

Volatile ProfitabilityThe swing from operating and net losses in 2025 to a sharp profit recovery in 2026 demonstrates that earnings have not yet been consistently stable. Sensitivity to pricing, project mix, or one-off factors can make future profitability less predictable and complicate long-term planning.

Deep Industries Limited (DEEPINDS) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 42.72B
Dividend Yield: 0.37%
Average Volume (3M): 26.57K
Price to Earnings (P/E): 20.7
Beta (1Y): 1.23
Revenue Growth: 48.75%
EPS Growth: ―
Country: India
Employees: 838
Sector: General
Sector Strength: 55
Industry: Oil & Gas Equipment & Services

Deep Industries Limited Business Overview & Revenue Model

Company Description

Deep Industries Limited operates within the oil and gas sector, providing a range of specialized services. Their offerings encompass air and gas compression, drilling and workover operations, and the dehydration, conditioning, and processing of natur...

How the Company Makes Money

Deep Industries Limited primarily makes money by providing oilfield services to exploration and production (E&P) customers under service contracts. A key revenue stream is natural gas compression, where the company supplies, installs, operates, and m...

Deep Industries Limited Financial Statement Overview

Summary

Deep Industries shows robust revenue growth (up 54.6% YoY) and a strong balance sheet with low debt (D/E 0.10). Operating cash flow is healthy, though profitability has been volatile with a loss in FY2025 and margin contraction. Overall financial health is solid.

Income Statement

78Positive

Balance Sheet

85Very Positive

Cash Flow

72Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	9.70B	8.91B	5.76B	4.27B	3.41B	3.22B
Gross Profit	4.04B	3.53B	3.39B	1.63B	1.29B	1.48B
EBITDA	2.13B	1.47B	127.39M	1.97B	1.92B	1.19B
Net Income	2.06B	1.80B	-901.03M	1.24B	1.23B	721.28M
Balance Sheet
Total Assets	0	25.95B	23.93B	19.11B	15.87B	12.60B
Cash, Cash Equivalents and Short-Term Investments	1.56B	1.94B	2.02B	1.68B	900.14M	684.57M
Total Debt	0	2.03B	2.05B	1.60B	698.74M	317.92M
Total Liabilities	-21.12B	4.83B	4.78B	3.84B	2.08B	1.30B
Stockholders Equity	21.12B	19.99B	18.20B	14.43B	13.70B	11.30B
Cash Flow
Free Cash Flow	-113.37M	235.52M	-676.00K	-359.00M	-252.85M	239.96M
Operating Cash Flow	1.14B	2.60B	2.10B	2.55B	881.07M	546.41M
Investing Cash Flow	-947.57M	-2.40B	-2.48B	-3.17B	-1.08B	-760.23M
Financing Cash Flow	-303.37M	-221.09M	279.40M	686.42M	285.44M	139.68M

Deep Industries Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price668.65

Price Trends

50DMA729.72Negative

100DMA627.20Positive

200DMA523.15Positive

Market Momentum

MACD-18.05Positive

RSI38.68Neutral

STOCH20.86Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DEEPINDS, the sentiment is Neutral. The current price of 668.65 is below the 20-day moving average (MA) of 727.16, below the 50-day MA of 729.72, and above the 200-day MA of 523.15, indicating a neutral trend. The MACD of -18.05 indicates Positive momentum. The RSI at 38.68 is Neutral, neither overbought nor oversold. The STOCH value of 20.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DEEPINDS.

Deep Industries Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:DEEPINDS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:DEEPINDS	76Outperform	INR 42.79B	20.69	―	0.37%	48.75%	―
IN:SEAMECLTD	73Outperform	INR 41.19B	16.10	―	0.12%	60.32%	122.30%
IN:GANDHAR	66Neutral	INR 24.44B	5.55	―	1.11%	48.58%	371.93%
IN:HINDOILEXP	66Neutral	INR 20.31B	80.63	―	―	-17.80%	-83.17%
IN:CONFIPET	63Neutral	INR 19.79B	14.71	―	0.17%	72.45%	45.85%
IN:OIL	61Neutral	INR 737.67B	8.84	―	2.54%	20.37%	27.31%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:DEEPINDS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:DEEPINDS	Deep Industries Limited	668.65	168.90	33.80%
IN:CONFIPET	Confidence Petroleum India Limited	59.57	18.02	43.36%
IN:GANDHAR	Gandhar Oil Refinery (India) Limited	249.70	117.94	89.52%
IN:HINDOILEXP	Hindustan Oil Exploration Co., Ltd.	153.60	2.10	1.39%
IN:OIL	Oil India Limited	453.50	27.46	6.45%
IN:SEAMECLTD	SEAMEC Limited	1620.10	733.94	82.82%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 04, 2026

Deep Industries Limited AI Stock Analysis